BOX+ III (UK) LIMITED
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Next accounts due
2026-09-30 (in 4mo)
Last filed for 2024-12-31
Confirmation statement due
2026-07-01 (in 2mo)
Last made up 2025-06-17
Watchouts
None on the register
Cash
£6M
-62.2% vs 2023
Net assets
£207M
+41.2% vs 2023
Employees
0
Average over period
Profit before tax
£63M
+473.2% vs 2023
Net assets
2-year trend · vs Real Estate median
Accounts
2-year trend · latest reflected 2024-12-31
| Metric | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Turnover | £41,016,573 | £38,168,814 | |
| Operating profit | £12,911,501 | £93,883,353 | |
| Profit before tax | -£16,814,589 | £62,753,924 | |
| Net profit | -£17,192,447 | £60,235,629 | |
| Cash | £17,071,284 | £6,448,960 | |
| Total assets less current liabilities | £544,061,652 | £211,399,537 | |
| Net assets | £146,285,408 | £206,521,037 | |
| Equity | £146,285,408 | £206,521,037 | |
| Average employees | 0 | 0 | |
| Wages | — | — |
Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers
Ratios
Computed from the line items above — sparklines read oldest → newest
| Ratio | Trend | 2023-12-31 | 2024-12-31 |
|---|---|---|---|
| Operating margin | 31.5% | 246.0% | |
| Net margin | -41.9% | 157.8% | |
| Return on capital employed | 2.4% | 44.4% | |
| Gearing (liabilities / total assets) | 74.1% | 5.1% | |
| Current ratio | -1.40x | -29.07x | |
| Interest cover | 0.41x | 2.89x |
Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.
Audit & accounting basis
- Accounting basis
- IFRS
- Reporting scope
- Consolidated group
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The Directors have prepared the financial statements on the going concern basis as they do not intend to liquidate the Group or the Company or to cease their operations, and as they have concluded that the Group and the Company's financial position means that this is realistic.”
Group structure
- BOX+ III (UK) LIMITED · parent
- Box+ III Holdings (UK) Limited 1%
- Box+ III Croydon Limited 1%
- Box+ III Hayes Limited 1%
- Box+ III Weybridge Limited 1%
- Box+ III Orpington Limited 1%
Significant events
- “On 9 December 2024, the Group disposed of 16 SPVs for consideration of GBP 519.6m. Separately, on 29 November 2024, the Group disposed of a property, Lombardy Shopping Park, for a gross sales price of GBP 52.8m with associated costs of GBP 0.6m.”
Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers
People
4 active · 5 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| GEN II CORPORATE SERVICES (JERSEY) LIMITED | Corporate Secretary | 2022-10-27 | — | — |
| CHEN, Joy | Director | 2024-02-08 | Sep 1987 | British |
| DREXLER, Jay | Director | 2026-04-20 | Aug 1984 | Canadian |
| PETERS, Alicia Marie | Director | 2023-06-08 | Jul 1991 | Canadian |
Show 5 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| CRESTBRIDGE UK LIMITED | Corporate Secretary | 2021-06-18 | 2022-10-27 |
| BOADLE, James Alexander | Director | 2021-06-18 | 2024-02-08 |
| HODGETTS, Ann Mary | Director | 2021-06-18 | 2023-05-22 |
| JHITA, Ruby Kaur | Director | 2023-05-26 | 2023-10-10 |
| LAMBERT, Alison Jane, Ms. | Director | 2021-06-18 | 2023-06-07 |
Ownership
Persons with significant control
Filing timeline
Last 20 of 56 total filings
Material constitutional events — rename, articles re-file, resolution
- 2026-04-16 RESOLUTIONS Resolution
- 2025-11-17 RESOLUTIONS Resolution
- 2025-08-26 RESOLUTIONS Resolution
| Date | Type | Category | Description | |
|---|---|---|---|---|
| 2026-04-21 | AP01 | officers | Appoint person director company with name date | |
| 2026-04-16 | SH19 | capital | Capital statement capital company with date currency figure | |
| 2026-04-16 | SH20 | capital | Legacy | |
| 2026-04-16 | CAP-SS | insolvency | Legacy | |
| 2026-04-16 | RESOLUTIONS | resolution | Resolution | |
| 2025-11-28 | RP09 | address | Default companies house service address applied officer | |
| 2025-11-28 | RP09 | address | Default companies house service address applied officer | |
| 2025-11-17 | RESOLUTIONS | resolution | Resolution | |
| 2025-11-17 | CAP-SS | insolvency | Legacy | |
| 2025-11-17 | SH20 | capital | Legacy | |
| 2025-08-26 | SH20 | capital | Legacy | |
| 2025-08-26 | CAP-SS | insolvency | Legacy | |
| 2025-08-26 | RESOLUTIONS | resolution | Resolution | |
| 2025-06-27 | AA | accounts | Accounts with accounts type group | |
| 2025-06-25 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-10-15 | AA | accounts | Accounts with accounts type group | |
| 2024-07-01 | CS01 | confirmation-statement | Confirmation statement with no updates | |
| 2024-04-24 | CH04 | officers | Change corporate secretary company with change date | |
| 2024-02-20 | TM01 | officers | Termination director company with name termination date | |
| 2024-02-20 | AP01 | officers | Appoint person director company with name date |
Public-record activity
Raw counts from Companies House — last 12–24 months
- Filings
- 15
- Capital events
- 4
- Officers appointed
- 1
- Officers resigned
- 0
last 12 months
last 24 months
last 12 months
last 12 months
Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.
Year-on-year
FY2023 → FY2024 · period ending 2024-12-31 vs 2023-12-31
-
Turnover
-6.9%
£41,016,573 £38,168,814
-
Cash
-62.2%
£17,071,284 £6,448,960
-
Net assets
+41.2%
£146,285,408 £206,521,037
-
Employees
—
Not reported
-
Operating profit
+627.1%
£12,911,501 £93,883,353
-
Profit before tax
+473.2%
-£16,814,589 £62,753,924
Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers